The company had announced its planned halt of operations in June 2018 after the release of the AOKANA: Four Rhythm Across the Blue (Ao no Kanata no Four Rhythm) Perfect Edition / 4th Anniversary Box in November 2018.
The company announced in May 2018 that it was dissolving the fairys brand, so AOKANA: Four Rhythm Across the Blue, which had been listed under the copyright of sprite/fairys, would be listed under sprite only.
According to its website, sprite would like to work on the Ao no Kanata no Four Rhythm Extra 2 (AOKANA: Four Rhythm Across the Blue Extra 2) visual novel.
The company released AOKANA: Four Rhythm Across the Blue on PC in November 2014, for PlayStation Vita in February 2016, for PlayStation 4 in January 2017, and for Nintendo Switch in March 2018.